With Dubai running a series of mega projects, the emirate's property sector is projected to see a ramp up in 2018, thanks to a growing demand for new apartments ahead of Expo 2020, said an expert.
The three-year supply pipelin
The residential market in Abu Dhabi continues to outperform other asset classes amidst a moderating economy, according to an industry expert.
The average residential rents in the UAE capital grew by four per cent (y-o-y), despite
GCC nationals may be banned from owning residential property in Bahrain due to limited spaces available for Bahrainis. A group of MPs, led by Shaikh Majid Al Majed, is working on new legislation that would stop GCC nationals from getting their
UAE-based Danube Properties said it has achieved a major milestone by selling out 85 per cent of the units at its recently-launched Ritz by Danube project due to a game-changing affordable product and customer-centric payment plan.
The Oman government is set to start work on the country's first integrated residential complex by the end of this year, said a report.
The estimated billion-dollar venture, which will feature a mix of retail, leisure, commerci
As GCC markets are forecasted to face prolonged economic challenges over the coming months, Bahrain looks set to be cushioned from the blow by continued infrastructure investment from the GCC aid fund, said a report.
The residential market in Saudi Arabia continued to witness growth in the rental sector, while the sales market experienced a slowdown, attributable to the stricter mortgage regulations and lack of affordability, said a report.
The rental rates in the residential sector across the Northern Emirates remained relatively stable in the third quarter, but the office sector recorded minimal changes for the period, according to leading consultancy PKF.
Bahrain’s residential property sector continued to show signs of market stability during the third quarter of 2015 with insignificant quarter-on-quarter changes in key performance indicators, said a report.
Despite the incre
The residential sector in Qatar continued to show signs of buoyancy during the third quarter of 2015 despite the falling oil prices, on the back of rapid population growth, increased activity across the non-hydrocarbons sector and a construction